Related Commentary  Related HMRC Manuals

687A(1)  This section applies if–

(a)the value of a relevant step counts as employment income under Chapter 2 of Part 7A, and

(b)the relevant step is the payment of a sum of money,

and references to A and B are to be read accordingly.

687A(2)  For the purposes of PAYE regulations B is treated as making a payment of PAYE income of A of an amount which, on the basis of the best estimate which can reasonably be made, is the amount of the employment income.

687A(3)  The payment is treated as made on the latest of the following days–

(a)the day on which the relevant step is taken,

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.